Massachusetts Joins Other States in Regional Greenhouse Gas Initiative Announcing Plan to Reduce Emissions by Additional 30 Percent over 2020 Levels
The consortium has been lauded for its success in achieving carbon dioxide emissions reductions and extensive investment in clean energy technology. A 2016 report by the Acadia Center found RGGI states reduced emissions by 16 percent more than other states while energy prices fell by an average of 3.4 percent. The regional permit auctions have generated more than $2.7 billion in proceeds used to build a cleaner energy system, and healthcare cost savings from emissions reductions are estimated to be nearly $6 billion.
Read the full article from The National Law Review here.